Supplier relationships are your new competitive advantage All businesses face extraordinary challenges in 2020. The fallout from an ongoing COVID-19 pandemic has put financial pressure on companies, resulting in cost-cutting across the board. In addition, the epidemic...
There was a time when a company’s procurement function was largely left out of the loop and taken for granted. Once other business units had made the meaningful decisions, then it was up to the sourcing team to look after the mundane tasks of contacting suppliers and...
In 2005, Harvard Business Review published “Strategic Sourcing: From Periphery to the Core.” The article was an overview of the changing dynamic in an increasingly global world, where companies were moving away from the traditional business model of vertical...
Happy International Day of Friendship! As a holiday officially recognized by the United Nations, the idea of a World Friendship Day was first proposed in 1958 by Dr. Ramon Artemio Bracho during a dinner with friends in Paraguay. Out of this meeting of friends, the...
There are many buzzwords regularly tossed around in this age of tech-based startups and digital transformation. Two such phrases are “Automation” and “Artificial Intelligence” (AI). It’s common to mix up the two, lump them together, or otherwise muddy the water of...
Supply chains have long relied on endless mounds of historical data to predict tomorrow’s seasonal trends. With disruption of global supply chains due to externalities like COVID-19, we have seen that our supply chains are fragile and easily disturbed. Consumers in...
Toilet paper is a hot commodity during a pandemic. Once COVID-19 was announced, people flocked to the stores, panic-buying toilet paper, bleach, and any assortment of hygienic products they could get their hands on. Empty aisles are still not an uncommon sight in...
With the rapid spread of COVID-19, we need to protect our nurses with the proper Personal Protective Equipment. Now more than ever, an effective healthcare supply chain is desperately needed. As the response to the pandemic is beginning to stabilize, the strategic...
COVID-19 is impacting supply chains globally, and as a procurement leader, you may feel pressured to make critical shifts in your approach to prioritizing projects and examining risks in supplier relationships. Whenever extraordinary circumstances prevail, the...
Supplier relationships are your new competitive advantage All businesses face extraordinary challenges in 2020. The fallout from an ongoing COVID-19 pandemic has put financial pressure on companies, resulting in cost-cutting across the board. In addition, the epidemic...
There was a time when a company’s procurement function was largely left out of the loop and taken for granted. Once other business units had made the meaningful decisions, then it was up to the sourcing team to look after the mundane tasks of contacting suppliers and...
In 2005, Harvard Business Review published “Strategic Sourcing: From Periphery to the Core.” The article was an overview of the changing dynamic in an increasingly global world, where companies were moving away from the traditional business model of vertical...
Happy International Day of Friendship! As a holiday officially recognized by the United Nations, the idea of a World Friendship Day was first proposed in 1958 by Dr. Ramon Artemio Bracho during a dinner with friends in Paraguay. Out of this meeting of friends, the...
There are many buzzwords regularly tossed around in this age of tech-based startups and digital transformation. Two such phrases are “Automation” and “Artificial Intelligence” (AI). It’s common to mix up the two, lump them together, or otherwise muddy the water of...
Supply chains have long relied on endless mounds of historical data to predict tomorrow’s seasonal trends. With disruption of global supply chains due to externalities like COVID-19, we have seen that our supply chains are fragile and easily disturbed. Consumers in...
Toilet paper is a hot commodity during a pandemic. Once COVID-19 was announced, people flocked to the stores, panic-buying toilet paper, bleach, and any assortment of hygienic products they could get their hands on. Empty aisles are still not an uncommon sight in...
With the rapid spread of COVID-19, we need to protect our nurses with the proper Personal Protective Equipment. Now more than ever, an effective healthcare supply chain is desperately needed. As the response to the pandemic is beginning to stabilize, the strategic...
COVID-19 is impacting supply chains globally, and as a procurement leader, you may feel pressured to make critical shifts in your approach to prioritizing projects and examining risks in supplier relationships. Whenever extraordinary circumstances prevail, the...